Piet.Hein
Short

Possible Head & Shoulder on EURGBP

FX:EURGBP   Euro Fx/British Pound
689 19 44
7 months ago
On 4h Chart:

snapshot
7 months ago
Comment: 4h breakout happening now!
7 months ago
Trade active
7 months ago
Comment: Entry was 0,7897
7 months ago
Comment: Stop loss and take profits (if I change I will update here):

snapshot
6 months ago
Comment: Moved SL to break even, and gave more space to TP, letting it run.
6 months ago
Comment: I'm still on this position, I think it's likely to fall more.
IvanLabrie PRO
7 months ago
I don't see it falling unless below 0.7877.
+1 Reply
Piet.Hein IvanLabrie
7 months ago
:)
+1 Reply
Piet.Hein IvanLabrie
7 months ago
What about now? ;)
Reply
IvanLabrie PRO Piet.Hein
7 months ago
This is a start, but I'd go by the eurusd and gbpusd charts. This level right here can be support, and H&S shapes fail 80% of the time in FX in my experience (I fade them...)
Reply
IvanLabrie PRO IvanLabrie
7 months ago
I actually went long. If we see prices climb above 0.7907 during London this will rally above the highest high.
Reply
IvanLabrie PRO IvanLabrie
7 months ago
Closed my long from 2 days ago. Was trailed out. Now I'd be careful with buys for a while. I wouldn't short still though.
Let's see how it goes. Made 1R.
Reply
Piet.Hein IvanLabrie
7 months ago
Yes it looks good not to go long now ;) also not the perfect setup to short right now, but as I dont be in front of the screen all day long... I usually enter the trades around the daily open/close times :) If you go short please post here!
Reply
Hiisham
7 months ago
I'm already a seller from 0.80690
and wait for another opportunity

eurgbp waiting for signal to sell
Reply
Piet.Hein Hiisham
7 months ago
Very good entry good luck
+1 Reply
PCTradeKop
7 months ago
Agree. Same conclusion different method...
snapshot
Reply
Piet.Hein PCTradeKop
7 months ago
Nice view, I really like when the touches of the channel are perfect, like on point D of your chart. good luck :)
Reply
hikagemono
7 months ago
Looks like it's heading north again. IMHO.
Reply
Piet.Hein hikagemono
7 months ago
not anymore! :)
Reply
hikagemono Piet.Hein
7 months ago
Just went long this pair. Good luck to you!
Reply
Piet.Hein hikagemono
7 months ago
good luck for you too! :)
Reply
hikagemono
7 months ago
Just locked in profits and am waiting for the next push up!
Reply
Piet.Hein hikagemono
7 months ago
congrats! nice trade, very fast
+1 Reply
PCTradeKop
6 months ago
About to do it...
snapshot
Reply
king.cholette
6 months ago
go see eurusd and nzdusd quick trade on h1 :) gbpusd too divergence on ichimoku
Reply
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